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TAS › Midway Point › Midway Point Esplanade

24 Midway Point Esplanade, Midway Point TAS 7171

House

$596,000

Last sold

5 Apr 2023

3

Bedrooms

1

Bathrooms

3

Car spaces

685 m²

Land

158 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $596,000 (5 Apr 2023).(Recorded sale)
  • CalculationLand 685 m² against a 158 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Midway Point (last 5 years) with land size: median $993/m² of land (n=132). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$596,000

5 Apr 2023 · derived via latest_sale

Local land rate: recorded House sales in Midway Point (last 5 years) with land size have a median of $993/m² of land (n=132). Districts calculation from recorded sales — not a valuation.

Midway Point at a glance

3,547

People

$745,000

Median sale

$594/wk

Median rent

4.15%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Midway Point report →

Vs Midway Point

-20.0%

Median sale

Suburb $745,000

+1.03 pp

Gross yield

Suburb 4.15%

Suburb median $745,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$596,0005 Apr 2023
  2. Listedprice unknowncompleted31 Jan 2023
  3. Listedprice unknowncompleted31 Jan 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $594/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Midway Point in one glance

Midway Point at a glance

3,547

People

$745,000

Median sale

$594/wk

Median rent

4.15%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Midway Point report →

Keep researching

  • Why Midway Point? Read the area thesis →
  • What else is on the market in Midway Point →
  • Other records on Midway Point Esplanade →

Listing material

Listed by Harcourts Signature Rosny

When Position Is Important

This much loved family home is being offered to the market for the first time in over 30 years. Positioned just over the road from the waterfront of Orielton Lagoon you will never grow tired of this fabulous view.

Enter up the wheel chair friendly ramp at the front into a large sun filled lounge room that has views out over the water. There is a separate dining/ kitchen that is of good size and also has water views. Up the hall are three large double sized bedrooms that all have built in robes. The bathroom has a shower, bath and vanity and is also a good size.

Apart from the drive through single carport there is a fantastic single garage/ workshop for the handyman in the back yard. This is a great space to work on all sorts of projects that you might have.

Read the full description

This home will suit the first home buyer, those that are down sizing or those savvy investors looking to add to their portfolio.

Midway Point is a great place to live and is approximately 20 minutes from the CBD of Hobart and just minutes away from the thriving township of Sorell, beautiful beaches, airport and so much more.

Be quick to view.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

All timeframes and dimensions are approximates only

Listing description written by Jerome Thiessen, Harcourts Signature Rosny — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.